TY  - BOOK
AU  - Dela Torre, Jhorna Clea, et.al.
TI  - An analysis of client acceptance and continuance practices: 	: a case study of three auditing firms in Bohol/	
U1  - 657.45 An53 ©2024	 
PY  - 2024///
CY  - [Tagbilaran City, Bohol]:	
PB  - [Holy Name University]
KW  - Auditing
N1  - CBA; Bachelor of Science in Accountancy
N2  - The auditing profession safeguards the public interest by ensuring financial reliability and preventing fraud, but its reputation has been significantly tarnished due to notable corporate scandals in the past, emphasizing the need for ethical practices such as the client acceptance and continuance process to avoid unethical clients. Despite its significance, no prior studies have examined compliance with these standards among auditing firms in Tagbilaran City, Bohol, Philippines. This study explores the extent to which selected audit firms in Bohol comply with Philippine Standards on Auditing (PSA) 210 and 220. Using a descriptive qualitative approach, guided interviews were conducted with three firms, each with over a decade of industry experience. The findings have led to a conclusion that although some of the practices aligned with the standards, the absence of uniform, documented systems and the reliance on informal practices indicate that full compliance with PSA 210 and 220 has not yet been achieved. To strengthen compliance, firms are encouraged to implement structured training programs, utilize advanced technologies, standardize evaluation protocols, and reinforce independence safeguards to enhance audit quality and public trust
ER  -